Environmental Stewardship

At Employee Owned Holdings, Inc. (EOH), our family of companies prefer to take an energy-agnostic approach to sustainability — focusing not on any single technology, but on delivering the most efficient and sustainable solution for the application. Whether the answer is electrification, hybrid systems, or energy-optimized hydraulics, we work alongside our customers to design systems that reduce environmental impact without compromising performance. Electrification plays an increasingly important role in that mission, helping us meet the growing demand for cleaner, smarter, and more efficient power systems.

For 2025, GCC expects 15% of its revenue to come from electrification projects, reflecting long project life cycles and the rollout of new solutions. The company continues to expand its use of Bosch Rexroth’s CytroBox, which delivers energy efficiency through a servo motor-driven hydraulic system that reduces pressure losses, minimizes leakages, and uses a material-optimized design. The CytroBox has already been applied for use in separate aerospace and entertainment projects.

In addition to electrification, GCC supports sustainability through:

· Repair and remanufacturing, extending product life and reducing waste

· Energy-efficient system design using advanced control techniques

· Supplier partnerships aligned with responsible sourcing practices

Hydraquip is accelerating its electrification strategy through the capabilities of its Electric Systems division, which delivers fully integrated, value-added solutions across a wide range of industries. In 2025, Hydraquip anticipates approximately 12% of its total revenue will come from electrification projects, driven by increased demand and key partnerships.

The company is actively collaborating with Danfoss Editron and Danfoss Drives to supply high-efficiency electric systems. These partnerships have enabled Hydraquip to expand beyond its traditional focus on oil & gas and construction, into emerging markets like power generation and nuclear energy, where electrification is becoming both viable and necessary.

Hydraquip’s approach to electrification includes:

· Providing integrated electric motor and drive systems

· Supporting system-level transitions from hydraulic to electric

· Applying data-driven control strategies for efficiency

By combining deep motion control expertise with tailored electrification technologies, Hydraquip delivers sustainable, future-ready solutions that meet the evolving needs of customers across several sectors.

Supreme Integrated Technology (SIT) continues to drive electrification into heavy-duty and mission-critical systems across marine, defense, and industrial markets. These complex environments require robust, reliable solutions — and SIT is meeting the challenge through strategic innovation.

For 2025, SIT projects 8–10% of its revenue will be based from electrification projects, supported by a growing pipeline of electric drive opportunities. A key enabler is SIT’s partnership with Danfoss Editron, whose compact, high-efficiency powertrain systems are capable of performing in harsh operating conditions.

The EDITRON platform uses permanent magnet motors and ruggedized inverters designed for maximum power density and energy efficiency. These technologies are a natural fit for SIT’s applications and are expected to transition from development to delivery in 2025.

SIT’s electrification efforts include:

· Integration of electric motors and drives into custom subsystems

· Development of tailored control systems to optimize performance

· Delivery of low-emission, high-performance solutions for complex applications

Social Welfare

FUELing Our Culture: Family, University, Employee Ownership, Local Communities

At EOH, we recognize that sustainability isn’t just about environmental impact—it’s also about people. Through FUEL—Family, University, Employee Ownership, and Local Communities—we continue to foster a workplace that supports, develops, and empowers every employee-owner. In 2024, we expanded this program with new initiatives, strengthened engagement, and deepened our impact in the communities where we live and work.

Family

We are focused on bringing employees and their families together outside of work, recognizing that strong relationships create a stronger culture. We hosted family summer picnics at multiple locations in 2024, providing an opportunity for employees to connect and celebrate with their loved ones. These events reinforced our commitment to building a workplace where employees feel valued both personally and professionally.

University (Employee Training)

EOH remains dedicated to developing the next generation of talent. In 2024, we launched Hydraquip EmpowerU, a structured training program designed to prepare early-career professionals for success in sales and technical roles. We also hosted our annual Engineering Summit, which highlighted the evolving role of technology in our industry and featured a guest speaker on the topic of AI in engineering. Internship opportunities continued to expand across the company, with 11 summer interns joining us in 2025 from universities across the country, including Texas A&M, University of South Florida, Gonzaga University, and Rice University. The hands-on experiences provided will allow students to apply their skills, gain industry insight, and connect with professionals in the field.

Employee Ownership

EOH is built on the foundation of employee ownership, and in 2024, we reinforced that culture with new events and recognition programs. Our annual employee ownership celebration in Houston featured a volleyball tournament to help strengthen camaraderie across teams. We also honored our EOH Values Award winners, as recipients were invited to Houston for a special recognition event, celebrating their critical contributions to our culture and success.

Employee engagement remains a priority, and this focus is reflected in our rolling 12-month voluntary employee turnover rate, which has dropped to 6% at the beginning of 2025—a testament to the strength of our workplace culture and ongoing investment in our people.

Local Community

EOH is committed to making a difference beyond our workplace. In 2024, we continued our long-standing partnerships with St. Jude Children’s Research Hospital, Toys for Tots, and our in-house EOH Elf Program, ensuring children in need—many personally connected to our employees—received gifts and support during the holiday season.

None of these initiatives would be possible without the dedication of our local FUEL leaders, who worked tirelessly to coordinate events, drive participation, and strengthen our community outreach. We thank all our FUEL leaders for their commitment and leadership in making a positive impact throughout the year.

As we move forward, EOH remains committed to cultivating an engaged, inclusive, and high-performing workforce—one that reflects our core values and supports the long-term success of our employee-owners.

Demographics & Inclusion

With a significant gender gap identified in last year’s Sustainability Report, a significant step toward fostering a more inclusive workplace was taken with the launch of LIFT (Leading Industry Females Together). This initiative provides mentorship, networking, and professional development opportunities for female professionals across our companies. LIFT hosts quarterly guest speakers from our industry, offering insights on leadership, career growth, and navigating technical fields. Through this effort, we are excited to see increasing representation and support for women in our workforce.

Currently, 84.3% of our workforce identifies as male, while 15.7% identifies as female. As we continue to see programs developed like LIFT, we aim to create meaningful opportunities for female professionals to grow, lead, and succeed within our organization.

EOH also remains focused on building a diverse and inclusive workforce that reflects the communities we serve. Millennials (1981–1994) and Generation X (1965–1980) each make up approximately 34–35% of our workforce, with Generation Z (1995–2010) representing 17.4%, demonstrating our success in attracting younger talent. Baby Boomers (1945–1964) account for 13.1%, while Pre-Baby Boomers (<1944) represent 0.3%.

Our workforce reports as 68.4% White,16.0% Hispanic, 9.7% Black, 2.3% Asian, 2.3% Two or More Races, and 1.4% Other. We continue to evaluate opportunities to foster a more diverse, inclusive and representative employee base.

Governance

At EOH strong governance ensures the continued success of our employee-owned business. In 2024, we prioritized leadership succession, strategic territorial expansion, ethical governance, and ongoing growth—all while maintaining the trusted relationships that define our partnerships.

Leadership Succession: Promoting from Within 

A significant milestone this year was the promotion of Eric Martin to President of EOH. Eric’s career with EOH began nearly 20 years ago at Hydraquip, where he excelled as an Account Manager and was a three-time Salesperson of the Year. His leadership skills and deep industry knowledge propelled him into senior roles, eventually leading to his transition to Supreme Integrated Technology (SIT) in 2021 as Sales Director. From there, he quickly advanced to Vice President of Sales and General Manager of SIT Houston, driving significant growth and operational success.

Eric is also a respected voice in our employee ownership structure, having been elected by fellow employee-owners to the EOH Board of Directors four times (2021-2025). His deep understanding of our business, combined with his ability to lead teams and cultivate strong partnerships made him the ideal choice to step into the President role.

As President, Eric works alongside EOH CEO Richard Neels and the Board of Directors to guide EOH’s long-term strategic growth, including:

· Strengthening our employee stock ownership plan (ESOP)

· Evaluating strategic acquisitions to expand our capabilities and market reach

· Driving technological advancements and innovation across our companies

With Eric’s leadership, we are confident in our ability to grow and evolve while remaining true to the values of employee ownership that define EOH.

Board of Directors & ESOP Trustees

EOH remains committed to ensuring that its Board of Directors represent the best interests of our employee-owners. Eric Martin’s promotion provides an opportunity for another employee-elected representative to step forward as directed pursuant to the Company’s Bylaws, reinforcing our commitment to participative governance. Our ESOP trustee remains unchanged with Kimberly Serbin of TI-Trust, ensuring continuity in oversight and excellent long-term planning for our employee ownership structure.

EOH’s governance model prioritizes transparency, accountability, and employee participation, positioning us for sustainable success while remaining true to our core values as an employee-owned company.

Strategic Expansion: Growth in New Territories

Our ability to expand our business footprint and serve new customers remains a priority. In 2024, GCC and Hydraquip both secured new territories with their primary vendors, strengthening their market presence:

· GCC expanded into: North Carolina, South Carolina, Virginia, West Virginia, Georgia, and Tennessee in partnership with Bosch Rexroth.

· Hydraquip gained new coverage in: Tennessee, Mississippi, Colorado, Oklahoma and Arkansas through its collaboration with Danfoss.

These new territories allow our company to bring our expertise, innovation, and customer-driven solutions to more industries and regions, further solidifying our leadership position in motion control and system integration.

EOH remains deeply committed to adhering with ethical business practices and maintaining clear boundaries between our entities. As we continue to expand, we recognize the importance of preserving the trust of our valued manufacturer partners by ensuring that our companies operate with transparency, fairness, and respect for our longstanding relationships.

Our ability to deliver innovative solutions while maintaining the integrity of our partnerships is a cornerstone of our success. We look forward to leveraging our growth by bringing new solutions to customers while upholding the ethical standards that define EOH.

Strategic Growth Through Acquisition

EOH continues to pursue strategic acquisitions to strengthen our capabilities, enter new markets, and provide greater opportunities for our employee-owners. As an employee-owned company, our growth strategy is designed to enhance long-term value while preserving the culture, integrity, and technical expertise that define our organization.

We actively evaluate acquisition opportunities that align with our core businesses, looking for companies that:

· Expand our technological and service capabilities

· Strengthen relationships with key manufacturer partners

· Support our long-term commitment to innovation and sustainability

· Complement our existing customer base and industry focus

· Provide sensible diversification and business justification

Through any acquisitions, we aim to accelerate growth while reinforcing the stability and strength of our ESOP structure, ensuring continued opportunities for both existing and new employee-owners.

Looking Ahead

2024 has been a year of strong leadership transitions, continued employee ownership growth, and strategic market expansion. With Eric Martin serving as President, new territories and opportunities being established, and a steadfast commitment to ethical governance and acquisitions, EOH is well-positioned to continue delivering value to our customers, partners, and employee-owners for years to come.

Employee ownership is our foundation. Strong governance ensures our future.

EOH – 2025 Sustainability Report

Houston, TX – December 4, 2024 – Employee Owned Holdings, Inc. (EOH), the 100% employee-owned parent company of Hydraquip, Inc., GCC, and Supreme Integrated Technology, Inc. (SIT), today announced the promotion of Eric Martin to be its President.

Eric’s journey with the EOH family began around 18 years ago, when he started as an Account Manager for Hydraquip Corporation, showcasing exceptional technical expertise, a talent for building strong customer relationships, and a proven ability to drive profitable revenue growth. After several years of working sales at Hydraquip, Inc., Eric transitioned to SIT in 2021 to become its Sales Director. In his new position, Eric quickly demonstrated impactful leadership capabilities, earning further promotions as Vice President of Sales for SIT and later General Manager of SIT’s Houston office. Eric’s strategic vision and leadership have been pivotal in driving significant growth for SIT.

Over the years, Eric has earned impressive recognition at the company, being named as a three-time Salesperson of the Year and later being elected by its employee-owners to serve on the EOH Board of Directors on four separate occasions. Eric’s steadfast commitment to driving revenue growth, fostering synergistic opportunities amongst the EOH companies, and maintaining unwavering integrity in interactions with all stakeholders has solidified his reputation as a trusted and impactful leader.

As President of EOH, Eric will collaborate closely with Richard Neels and the EOH Board of Directors as they help guide the organization’s family of employee-owned companies. Eric’s responsibilities will include shaping and executing EOH’s strategic growth vision, ensuring the long-term success and stewardship of the company’s employee stock ownership plan, evaluating opportunities for strategic acquisitions, and spearheading technology advancements to position EOH as a leader in innovation.

“Eric Martin’s promotion is a testament to his relentless dedication, strong relationship-building, and commitment to excellence for our customers, vendors and colleagues,” said Richard Neels, CEO of EOHI. “His leadership aligns with our commitment to recognizing and developing talent from within.”

EOH is the 100% employee-owned parent company of Hydraquip, Inc., GCC, and Supreme Integrated Technology, Inc., based in Houston, Texas. Together, these companies provide cutting-edge solutions for marine, civil, industrial, and military applications, embodying a commitment to innovation and customer success.

For more information about EOH and its family of companies, please visit www.eoh-inc.com.

Meet our October 2023 Employee Spotlight, Courtney Ginsel! Courtney is a valuable team member at our Supreme Integrated Technology Houston branch. Let’s get to know her better:

What is your role?

“I am the Senior Project Manager.”

Briefly describe what you do.

“Based out of Houston, I manage a portion of SIT’s wide variety of projects.”

Who/what inspires you?

“Music! There’s a song for everything.”

If you had to pick one strength you bring the to team, what would it be?

“Smartsheet Pioneer – effort to improve how we do things.”

What do you like to do in your free time?

“I enjoy family get togethers with a big meal and LSU sports!”

If I could learn how to do one thing, what would it be?

“I would love to learn how to play guitar.”

Where were you born?

“Ville Platte, Louisiana.”

What’s the best thing about your job?

“The variety of scopes we undertake.”

What’s been one of your proudest moments at EOHI?

“Winning the Produces Results award in 2020.”

How do you define success?

“I like to refer to Ralph Waldo Emerson’s definition of success:

‘To laugh often and much; to win the respect of intelligent people and the affection of children; … to appreciate beauty, to find the best in others; to leave the world a little better; whether by a healthy child or a garden patch … to know even one life has breathed easier because you have lived. This is success.'”

Where is your favorite place that you’ve traveled?

“Boston in the fall.”

Meet our December 2022 spotlight – Bill Stock! Bill is a part of our GCC Northwest team. Let’s get to know him:

What is your role? Briefly describe what you do.

“I am the Operations Manger for GCC in the Northwest. This includes Kent, Spokane and Portland. I oversee HSE, Inventory, Shipping and Receiving and Quality Control.”

Who/what inspires you?

“Teamwork! It is inspiring to be part of and help coach a great team of people that all have the same goals and ambitions.”

If you had to pick one strength you bring to the team, what would it be?

“Problem Solving. I like getting a challenge handed to me that I can tear into and find solutions to solve it.”

What do you like to do in your free time?

“I spend as much time as I can with my family and in the outdoors. For the past 12 years I have also competed in BBQ competitions around the Pacific Northwest going as far as Montana, California and British Columbia. I also volunteer whenever I can to cooking BBQ for Veterans and First Responders.”

If I could learn how to do one thing, what would it be?

“To weld as good as Kim Wallis, he is an artist with a tig welder!”

Where were you born?

Anchorage, Alaska

What’s the best thing about your job?

“Diversity. I am never working on the same thing from hour to hour and I can be part of all departments and divisions.”

What’s been one of your proudest moments at EOHI?

“Gaining the position of Operations Manager in 2020.”

How do you define success?

“Setting a goal and seeing it through. Whether it is a sales goal, work or home project, success to me is meeting your goals.”

Where is your favorite place that you’ve traveled?

“Driving the Alcan Highway from Alaska to Washington.”

Meet our November 2022 spotlight – Loyd Hall! Loyd is a part of our SIT Houston team. Let’s get to know him:

What is your role? Briefly describe what you do.

“I am the General Manager at our SIT Houston location. I direct Operations for SIT, handle the QA and HSE programs, and work with EOH to promote safety and quality.”

Who/what inspires you?

“My wife. She constantly encourages me and keeps me focused.”

If you had to pick one strength you bring the to team, what would it be?

“The attitude of getting the job done, no excuses.”

What do you like to do in your free time?

“Play golf and work in the yard.”

If I could learn how to do one thing, what would it be?

“Play a musical instrument.”

Where were you born?

“Houston, Texas (Native Houstonian)”

What’s the best thing about your job?

“I enjoy mentoring our employees – helping them to achieve higher goals by certifications and encouraging them to always do their best.”

What’s been one of your proudest moments at EOHI?

“Going from the HSE Manager at EOHI to the General Manager for SIT Houston.”

How do you define success?

“Seeing your employees grow and achieve. It’s not about managing, it’s about leading.”

Where is your favorite place that you’ve traveled?

“Cabo San Lucas, Miami FL, and Fredericksburg, TX”

Employee Ownership Month occurs every year in October and is an opportunity for ESOP (Employee Stock Ownership Plan) companies across the nation to educate employee-owners, the media, the public, and government officials about the benefits of employee ownership.  It’s a terrific celebration of the spirit of employee ownership.

What does it mean to be an ESOP company?

An Employee Stock Ownership Plan (ESOP) is a tax-qualified retirement plan authorized and encouraged by federal tax and pension laws.

When companies launch an ESOP, they form a trust that purchases some or all the company’s shares and holds these shares in retirement accounts for employees. When the stock value increases or decreases, so does the value of employees’ accounts.

ESOPs provide unique benefits to the employee owners, the institutions, and the surrounding communities that they are involved with. ESOPs have been proven to motivate employees, increase productivity, improve employee retention, excel at providing employee training, keep jobs local, counter wealth inequality, contribute to business health and longevity, and so much more.

ESOP Celebrations

To celebrate our ESOP culture, we have brought employees from all locations to our corporate headquarters to recognize their hard work and dedication to our employee-owned company. Each of these employees received an award based on our core company values:

• Acts with Integrity
• Laser Customer Focus
• Work Smart
• Always Seeking Improvement
• Produce Results

Congratulations to the following employees on their achievements:

• Antuan Weddington
• Jasper Cunningham
• Jolene Stroup
• Michael Tafolla
• Alfonso Mendoza
• Sandra Blanchard
• Belinda Lee
• Scott Wood
• Grant Baudoin
• Ben Ledet
• Patrick Cotton
• Oscar Bogarin
• Hector Millayes
• Matt Eckert
• Don Overton
• Chelsea Buff
• Brian Sweet
• Alex Poole
• Rosa Moya
• Michael Davis

We concluded our celebrations with a fun flag football game amongst employees. Team Red brought home the victory and bragging rights until next year! We enjoyed bringing all of our employees together and look forward to next year’s ESOP celebration!

Meet our September 2022 Employee Spotlight, Alex Poole! Alex is a part of our Employee Owned Holdings team in Houston, TX. Let’s get to know him better:

What is your role? Briefly describe what you do.

“My role as recruiting coordinator for EOH is full of opportunities to travel and recruit students. I am currently traveling to several universities for career fairs. This is my first job out of college, and it has been a wonderful opportunity to learn from many different aspects of a company. I have worked on projects with marketing, HR, and operations.”

Who/what inspires you?

“My mother is my biggest source of inspiration. She received two masters while my father was overseas. She set a great example of a strong work ethic and perseverance.”

If you had to pick one strength you bring the to team, what would it be?

“Hunger to learn and succeed.”

What do you like to do in your free time?

“I am an active member of Founders Baptist Church. I also enjoy spending time with my cat, Lauren, and magnet fishing with my good friend.”

If I could learn how to do one thing, what would it be?

“Fluid power: I want to be a more effective recruiter and understand the technical aspects of the jobs I’m hiring for.”

Where were you born?

“Camp Pendleton, California”

What’s the best thing about your job?

“I love having getting to meet qualified people and offer them opportunities with our wonderful family of companies. I also love the group of people I work with.”

What’s been one of your proudest moments at EOHI?

“Every new opportunity to expand my responsibilities has made me proud. I enjoy enlarging my scope of projects and responsibilities. I look for any way I can contribute to the success of the company.”

How do you define success?

“The great Paul ‘Bear’ Bryant carried a prayer in his wallet –

‘This is the beginning of a new day. God has given me this day to use as I will. I can waste it or use it for good. What I do today is very important because I am exchanging a day of my life for it. When tomorrow comes, this day will be gone forever, leaving something in its place I have traded for it. I want it to be gain, not loss — good, not evil. Success, not failure in order that I shall not forget the price I paid for it.” – Heartsill Wilson’

Success is living without wasting a moment because the price of every day is a day of your life.”

Where is your favorite place that you’ve traveled?

“Guatemala and Alabama.”

Meet our August 2022 Employee Spotlight, Tom Dolan! Tom is a part of our GCC team in Kent, WA. Let’s get to know him better:

What is your role? Briefly describe what you do.

“My role as the Business Development Manager for the Pacific NW is full of exciting opportunities.  I am involved in all the civil projects which include bridges, hydropower dams and vehicle & passenger transfer spans for the Washington State Ferries.  I’m always looking at new markets, new customers, and suppliers in the Pacific Northwest.  I enjoy the opportunity to work in tandem with the newer members of our sales team on projects and customer visits.”

Who/what inspires you?

“My immediate family, wife and adult children have always inspired me.  I always tell them, ‘Go make the world a better place’. My father, mother and their siblings have provided a solid foundation for personal growth.”

If you had to pick one strength you bring the to team, what would it be?

“Positive attitude and will to win.”

What do you like to do in your free time?

In my spare time I enjoy golfing and fishing.

If I could learn how to do one thing, what would it be?

“Learn multiple languages.”

Where were you born?

“Spokane, Washington”

What’s the best thing about your job?

“It’s all about the people.  We have daily opportunities to work with a wide variety of customers and markets.  Every day presents a new challenge.” 

What’s been one of your proudest moments at EOHI?

“Successfully landing and completing several profitable civil projects. Working with our team of field service technicians, engineers, and the support staff to finish the complex scope on projects.  It’s always nice to walk away with satisfied customers.  ‘You guys worked some magic, excellent work.’”.

How do you define success?

“Ultimately success is finding happiness and enjoyment in everything you do.  Success is a choice.

John Wooden – ‘Don’t let what you can’t do interfere with what you can do.’”

Where is your favorite place that you’ve traveled?

“Italy and France.”